Alpha Evening Report: $RAVE In-Depth Research Report — Not a Dirt Dog, It's a Business!
Hello everyone, I am Mike.
Why do we say it's not a "Dirt Dog"?
Unlike those projects that rely entirely on VC funding, RaveDAO is genuinely making money: $1.3 million in revenue in 2024, expected to reach $3 million in 2025. Where does the money come from? Selling tickets, sponsorships, IP licensing.
So far, we have held over 20 large-scale events, collaborating with Token2049 and Tomorrowland, selling more than 70,000 on-chain tickets.
In simple terms, it’s about moving offline raves and concerts onto the chain, “participation is mining, raving is making money.” This logic currently seems completely viable.
Additionally, the project team will use the profits from events to buy back and burn $RAVE. This is the Web3 version of “stock buyback”, which provides support for the coin price.
The total token supply is 1 billion, with nearly 77% locked (the team and early supporters have a 12-month lock-up period), and the initial circulating supply is only 23%. The selling pressure mainly comes from airdrops, making it easy for the market makers to control.
The incubators come from the former Binance Labs team, and partners include BNB Chain, OKX, etc.
Tonight's alpha airdrop quota: 25,000 units, first-come-first-served. Starting at 230, decreasing by 5 every 5 minutes. Single number estimated around 50U.
This suggestion is to sell 50% after grabbing it, then look at the 1-minute candlestick to make a decision. Because this project has cash flow support, compared to pure Meme, it is more suitable for positioning for next year's entertainment sector explosion.
Projects that connect Web2 cash flow deserve to be looked at favorably. Set your alarm for tonight (or tomorrow morning), let's go!
#RAVE #RaveDAO #币安Alpha上新 #空投 #Web3Music
Hello everyone, I am Mike.
Why do we say it's not a "Dirt Dog"?
Unlike those projects that rely entirely on VC funding, RaveDAO is genuinely making money: $1.3 million in revenue in 2024, expected to reach $3 million in 2025. Where does the money come from? Selling tickets, sponsorships, IP licensing.
So far, we have held over 20 large-scale events, collaborating with Token2049 and Tomorrowland, selling more than 70,000 on-chain tickets.
In simple terms, it’s about moving offline raves and concerts onto the chain, “participation is mining, raving is making money.” This logic currently seems completely viable.
Additionally, the project team will use the profits from events to buy back and burn $RAVE. This is the Web3 version of “stock buyback”, which provides support for the coin price.
The total token supply is 1 billion, with nearly 77% locked (the team and early supporters have a 12-month lock-up period), and the initial circulating supply is only 23%. The selling pressure mainly comes from airdrops, making it easy for the market makers to control.
The incubators come from the former Binance Labs team, and partners include BNB Chain, OKX, etc.
Tonight's alpha airdrop quota: 25,000 units, first-come-first-served. Starting at 230, decreasing by 5 every 5 minutes. Single number estimated around 50U.
This suggestion is to sell 50% after grabbing it, then look at the 1-minute candlestick to make a decision. Because this project has cash flow support, compared to pure Meme, it is more suitable for positioning for next year's entertainment sector explosion.
Projects that connect Web2 cash flow deserve to be looked at favorably. Set your alarm for tonight (or tomorrow morning), let's go!
#RAVE #RaveDAO #币安Alpha上新 #空投 #Web3Music
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
RAVE
Alpha
0.52258
+330.56%